Maneesh,
Since you plan to get the endorsement on your Indian license in future, It wouldn't hurt to get a NOC from DGCA. Attend the DGCA open House and talk to them. They'll tell you what needs to be done.
I read your previous post about a month back stating that they are charging INR 7.5 Lacs for the program with 1500 Hours on B737. Does that amount include the cost of the Type rating ? Or are you supposed to pay separately for that ?
Mind sharing how much they are offering you per month ?
Make sure its all legit.
Fly Safe.
Silent.